Civic Intelligence

Wabash Lights Nfp

990EZ • Fiscal year 2023 • EIN 47-5059316

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 07, 2024

Organization ProfileWWW.WABASHLIGHTS.COM
1508 N Sedgwick St Ste 3NChicago, IL 60610

(630) 400-3605

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

5th percentile

-133%

Higher net margin than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

19th percentile

-28%

Faster asset growth than 19% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

4th percentile

-85%

Faster revenue growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$66,372

Down $25,480 (-28%) from 2022

Net Assets

Down

$66,372

Down $25,480 (-28%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin5th percentile

Revenue

Down

$19,212

Down $108,788 (-85%) from 2022

Expenses

Down

$44,692

Down $49,902 (-53%) from 2022

Net Income

Down

-$25,480

Down $58,886 (-176%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2019: $42,195Liabilities 2019: $0Net Assets 2019: $42,1952019Assets 2022: $91,852Liabilities 2022: $0Net Assets 2022: $91,8522022Assets 2023: $66,372Liabilities 2023: $0Net Assets 2023: $66,3722023Assets 2024: $6,335Net Assets 2024: $6,3352024

Highlighted filing

2023

Assets$66,372
Liabilities$0
Net Assets$66,372
Open 2023 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2019: $18,283Expenses 2019: $25,963Net Income 2019: -$7,6802019Revenue 2022: $128,000Expenses 2022: $94,594Net Income 2022: $33,4062022Revenue 2023: $19,212Expenses 2023: $44,692Net Income 2023: -$25,4802023Revenue 2024: $83,662Expenses 2024: $143,699Net Income 2024: -$60,0372024

Highlighted filing

2023

Revenue$19,212
Expenses$44,692
Net Income-$25,480
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 7, 2024
Return Version
2023v5.0
Gross Receipts
$19,212
Mission and Program Overview

Mission

VISUAL ARTS

Program Services

DescriptionGrantsExpenses
TO REALIZE AND MAINTAIN THE WABASH LIGHTS, A SITE-SPECIFIC, INTERACTIVE LIGHT INSTALLATION ON THE UNDERSIDE OF THE WABASH AVENUE ELEVATED TRAIN TRACKS IN CHICAGO'S LOOP.-$44,692
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JORDAN HOBoard Of Director-$0--
ERIN CIGLIANABoard Of Director-$0--
CHRISTINA SHAVERSecretaryPT$0--
ERIC GANNONBoard Of Director-$0--
CHARLES ADLERBoard Of Director-$0--
JACK NEWELLTreasurer/CoPT$0--
SETH UNGERBoard Of DirectorPT$0--
REBECCA FONSBoard Of Director-$0--
VINOD HAVALADPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Wabash Lights Nfp
EIN
47-5059316
Phone
6304003605
Address
1508 N SEDGWICK ST STE 3N, CHICAGO, IL 60610

Signing Officer

Name
Jack Newell
Title
Treasurer/co-founder
Phone
6304003605
Signed
2024-06-07

Preparer

Firm
Vertex Accounting Partners LLC
Address
3000 WOODCREEK DRIVE SUITE 120, DOWNERS GROVE, IL 60515
Preparer
Steven P Franzen CPA Pfs Cgma
Phone
6306571810
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses software 60 reimbursed employee exp 1,629 meals 138 licenses 10 dues & subscriptions 968 website 249 contracted labor 40,130 shipping & delivery 162 accounting 1,290 travel 56 total 44,692”

Raw XML Appendix145 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0JACK NEWELL
IRS990EZ/BooksInCareOfDetail/PhoneNum06304003605
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060657
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt091852
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IRS990EZ/ExcessOrDeficitForYearAmt0-25480
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IRS990EZ/GrossReceiptsAmt019212
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JORDAN HO
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRISTINA SHAVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ERIC GANNON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHARLES ADLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JACK NEWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SETH UNGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7REBECCA FONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8VINOD HAVALAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD OF DIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD OF DIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD OF DIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD OF DIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER/CO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD OF DIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD OF DIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt044692
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0VISUAL ARTS
IRS990EZ/ProgramServiceRevenueAmt013000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO REALIZE AND MAINTAIN THE WABASH LIGHTS, A SITE-SPECIFIC, INTERACTIVE LIGHT INSTALLATION ON THE UNDERSIDE OF THE WABASH AVENUE ELEVATED TRAIN TRACKS IN CHICAGO'S LOOP.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt044692
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt044692
IRS990EZ/TotalProgramServiceExpensesAmt044692
IRS990EZ/TotalRevenueAmt019212
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WABASHLIGHTS.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06212
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt023458
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt029670
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt013000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0128000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt032778
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0173778
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt019212
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt056236
IRS990ScheduleA/Total509Grp/TotalAmt0203448
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt019212
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0128000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt056236
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0203448
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SOFTWARE 60 REIMBURSED EMPLOYEE EXP 1,629 MEALS 138 LICENSES 10 DUES & SUBSCRIPTIONS 968 WEBSITE 249 CONTRACTED LABOR 40,130 SHIPPING & DELIVERY 162 ACCOUNTING 1,290 TRAVEL 56 TOTAL 44,692
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JACK NEWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/CO-FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum06304003605
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WABASH LIGHTS NFP
ReturnHeader/Filer/BusinessNameControlTxt0WABA
ReturnHeader/Filer/EIN0475059316
ReturnHeader/Filer/PhoneNum06304003605
ReturnHeader/Filer/USAddress/AddressLine1Txt01508 N SEDGWICK ST STE 3N
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060610
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823240234
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VERTEX ACCOUNTING PARTNERS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03000 WOODCREEK DRIVE SUITE 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DOWNERS GROVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060515
ReturnHeader/PreparerPersonGrp/PhoneNum06306571810
ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN P FRANZEN CPA PFS CGMA
ReturnHeader/ReturnTs02024-06-07T17:47:48-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JACK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NEWELL
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$66,372
Liabilities
$0
Net assets
$66,372
Revenue
$19,212
Expenses
$44,692
Net income
-$25,480
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.84$1.44$0.60
2023Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.19$0.45$0.25
2022Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$1.28$0.95$0.33
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.18$0.26$0.08